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Bitcoin More Attractive Than Gold In The Long-Term: JPMorgan

Tyler Durden's Photo
by Tyler Durden
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ETF outflows and futures contracts liquidations have dramatically weighed on crypto markets recently, but as JPMorgan's Nikolaos Panigirtzoglou writes in his latest 'Flows & Liquidity' note, the large outperformance of gold vs. bitcoin since last October coupled with the sharp rise in gold volatility has left bitcoin looking even more attractive compared to gold over the long term.